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HomeMy WebLinkAbout19506 - RESOLUTIONS - 4/21/1999 RESOLUTION NO. i gnn6 OF THE CITY OF PALM SPRINGS, ' CALIFORNIA PROVIDING FOR THE TRANSFER AND ASSIGNMENT OF A CABLE TELEVISION FRANCHISE - - - - - - - - - - - - - - - WHEREAS, the City of Palm Springs, California("Franchising Authority") has granted to MediaOne Enterprises, Inc. ("Transferor") or its predecessor in interest, a franchise to operate a cable television system (the"System") pursuant to Ordinance No. 0-1295 dated January 20, 1988 and Agreement No. A-2792 dated November 15, 1989 (the "Franchise"); WHEREAS, Transferor has entered into an Asset Exchange Agreement with Summit Cable Services of Georgia, Inc., d/b/a/Time Warner Cable ("Time Warner"), pursuant to which Transferor will transfer substantially all of the assets of the System, including its rights under the Franchise, to Time Warner as transferee; and WHEREAS, Transferor and Time Warner have requested Franchising Authority's consent to the transfer and assignment of the Franchise by Transferor to Time Warner, and have filed a FCC Form 394 with Franchising Authority relating to such transfer; ' NOW, THE, BE IT RESOLVED, by the City Council of the City of Palm Springs, California that; Section 1: The Franchising Authority authorizes and consents to the transfer and assignment of the Franchise from Transferor to Time Warner. Time Warner shall assume the obligations of Transferor under the Franchise that relate to periods from and after the date on which Time Warner acquires the System. Section 2: The foregoing consent to the transfer and assignment of the Franchise shall be effective upon Time Warner's acquisition of the System, at which time Transferor shall be deemed released from all obligations and liabilities under the Franchise that relate to periods from and after such date. Notice of the date of Tme Warner's acquisition of the System shall be given to Franchising Authority. Section 3: Franchising Authority confirms that: (a) the Franchise was properly granted or transferred to Transferor; (b) the Franchise currently is in full force and effect and expires on December 1, 2004; (c) Transferor is recognized as the present holder and owner of the Franchise; (d) the Franchise supersedes all other agreements between Franchising Authority ' and Transferor and represents the entire understanding between Franchising Authority and Transferor with respect to the System and Transferor's provision of cable television and other telecommunications services within the areas covered by the Franchise; (e) Transferor is in compliance in all material respects with the Franchise; and (f) no event has occurred or exists that would constitute a material default or breach under the Franchise or that would permit Franchising Authority to revoke or terminate the Franchise. Section 4: Time Warner may transfer the Franchise or control related thereto to any entity which it controls, is controlled by or is under common control with, upon notice to Franchising Authority. R19506 Page 2 Section 5: This Resolution shall have the force of a continuing agreement among Transferor, Time Warner and Franchising Authority, and Franchising Authority shall not ,amend or otherwise alter this Resolution without the consent of Transferor and Time Warner. ADOPTED TIES 21st _day of April 1999. ' AYES: Members Barnes, Hodges, Oden, Reller-Spurgin adn Mayor Kleindienst NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS,-CALIFORNIA By C L' y Clerk City Ma ager REVIEWED & APPROVED AS TO FORM